Media to Report on TON Launch Date

Additionally, TON team is negotiating with major Asian exchanges about the listing of the token
08 February 2019   324

The Telegram Open Network (TON) is completed by 90%, and the launch of the test network is scheduled for the end of March 2019. It is reported by The Block, with reference to the report received by the investors of the project.

As reported, Telegram is actively negotiating about the listing of the GRAM token at major Asian trading platforms - Huobi, Binance and OKEx. At the same time, the project intends to conclude a number of agreements in the field of electronic commerce and retail.

Information, received by the Block
Information, received by the Block

It is noteworthy that the testnet launch was originally scheduled to take place in January, however, it is likely that the developers were faced with unforeseen circumstances.

It should be emphasized that TON will also offer users smart contracts, the basic functionality of which is already ready.

Earlier, a number of media outlets reported that the main TON network would be launched in March, but without public testing of the technology this seems unlikely.

According to the HASH Crypto Investment Bank report, by the end of 2019, the total cost of GRAM tokens could reach $ 29.5 billion.

Gladius to Register Token as Security & Refund Investors

Startup self-reported in SEC on unregisted securities offering and cooperate with Commission, so it won't be fined
21 February 2019   102

Cryptocurrency startup Gladius Network LLC has informed the US Securities and Exchange Commission (SEC) about the sale of unregistered securities. On February 20, the SEC filed relevant charges.

During the ICO, the Gladius project raised $ 12.7 million in cryptocurrency equivalent for the development of a network for leasing computing facilities to protect against cyber attacks. The SEC stressed that the startup did not register their tokens as securities, as required by federal law, and did not agree to exclude them from the rules in the legal manner.

Moreover, tokensale was held after the publication of the SEC report on the situation with The DAO, in which the regulator stated that ICO can offer securities.

The press release says that Gladius contacted the SEC in the summer of 2018 and expressed interest in cooperating with the investigation. Thus, the agency refused to levy a fine, because the startup voluntarily agreed to return the funds to investors who require it and register the token in accordance with the provisions of the Securities Act of 1934.